Innovators with a prestigious history and significant footprint

From the largest, most transformative and complex transactions to the more benign, we have over 40 years of experience collaborating with clients to complete real estate capital markets transactions. This prestigious history has made us instrumental in shaping and structuring modern day real estate investment trusts (REITs) and making them a success. We serve a wide range of real estate capital markets clients, including more than 25 REITs, real estate opportunity funds, underwriters, sovereign wealth funds, international real estate investment vehicles, separate accounts and public real estate operating companies. By leveraging this experience, we are prepared to address essentially every real estate capital markets and REIT-related issue imaginable.

Our capabilities extend to a broad range of transactions – including IPOs, mergers, tender offers, equity and debt financings and joint ventures – in most major property sectors and all stages of investment. We have particularly deep experience representing non-traded REITs in all aspects of their life cycle, from structuring and forming the entity to evaluating and pursuing liquidity events such as mergers or listings, along with negotiating a variety of agreements with the NTR’s sponsor.

We are considered the "go-to" firm for REIT mergers and acquisitions. We have advised buyers and sellers on many prominent M&A deals involving REITs including cash and stock deals, mergers of equals and transactions challenged by activist investors. Our leadership and reputation for excellence in REIT M&A is reflected by our top position in various league tables, where we have been consistently ranked in the top five by value and/or volume.

Areas of Focus

  • Public and Private Equity and Debt Offerings
  • Counseling Boards and Special Committees
  • Mergers & Acquisitions

 

  • Joint Ventures
  • Recapitalization and Reorganization Transactions
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